BankThink

What it takes to be an employee magnet

03/06/19

Creating an environment that employees love and recruiting a diverse workforce isn't easy. Here's how some Best Fintechs to Work For do it.

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Dodd-Frank oversight council wants to make it harder to designate nonbanks

03/06/19

The revisions would emphasize activities-based regulation over labeling individual firms as systemically risky.

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Fed votes against deploying big-bank capital buffer

03/06/19

The Federal Reserve voted Wednesday to keep the countercyclical capital buffer at its current level of zero, ending some speculation that the board could be looking at a possible increase.

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Fed curbs stress test requirement for most large banks

03/06/19

The central bank is limiting the use of its qualitative objection in this year’s stress tests, the agency announced Wednesday.

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Volcker 2.0 is said to face do-over after Wall Street complaints

03/06/19

U.S. regulators are poised to scrap their proposal for revising Volcker Rule restrictions on banks' trading in favor of a newer version as they respond to a misstep that drew fire from Wall Street lobbyists, according to people familiar with the effort.

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Fed eyes interest on excess reserves changes for certain banks

03/06/19

The Federal Reserve said it wants to discourage banks from using returns on Fed account balances as a business model.

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Waters to seek whatever needed in Trump-Deutsche Bank probe

03/06/19

House Financial Services Committee Chairwoman Maxine Waters said she has advised her staff to seek whatever information it needs in investigating Deutsche Bank's ties to President Trump's businesses.

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Southeastern bankers form consulting firm focused on sales practices

03/06/19

SalesPhysics was created by industry veterans who once worked at Bank of America.

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Tech-averse bank warms to digital banking

03/06/19

For years Carter Bank in Virginia had resisted technology of all kinds — even ATMs. But a leadership change, rising rates and a thirst for low-cost deposits finally led to a change in philosophy.

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House Democrats target CFPB politicos, other Mulvaney changes in new bill

03/06/19

The legislation comes a day before CFPB Director Kathy Kraninger is set to testify to Congress.

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